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Forex Target Trading: Week Of June 28, 2015

ByScott Barkley
Published 06/27/2015, 10:34 AM
Updated 10/05/2023, 10:02 PM


EUR/USD
What ProAct Forex Target Traders See: We are currently sitting @ 1.1170 still in the uptrend. We are looking to breakout to the downside to the 0.618 Fibo with a continuation there to 1.0951. The average daily true range (ATR) for the pair currently is 131 pips.
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USD/JPY
What ProAct Forex Target Traders See: We are currently @ 123.80 and still ranging. Looking now to 125.00 area and then a possible move to the Fibo @ 126.72. The average daily true range (ATR) for the pair currently is 98 pips.
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GBP/USD
What ProAct Forex Target Traders See: We are currently sitting @ 1.5744 in a channel inside a uptrend. We expect to the day chart trend line and breakout (?) and then to the 0.786 Fibo @ 1.5342 with a possibility of a move to the 1.5300. The average daily true range (ATR) for the pair currently is 126 pips.
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AUD/USD – A great smooth currency for Newbie’s!
What ProAct Forex Target Traders See: Aussie is @ 0.7656 and maybe finally trending. We are looking to the day chart bottom @ 0.7532 and then continue to the 0.7472. The average daily true range (ATR) for the pair currently is 92 pips.EUR/USD 4-Hour ChartUSD/JPY ChartGBP/USD 4-Hour ChartAUD/USD 4-Hour Chart

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